Living in Southfield, Michigan
Cost of living, income, home prices, rent and demographics of Southfield · Census data 2020–2024
Southfield has 76,236 residents with a median age of 42.3. The median household income is $68,166 (6% lower than the Michigan median), the median home value is $236,200, the median rent is $1,340/month.
Southfield at a glance
- Population
- 76,236
- Median age
- 42.3State: 40.2
- Median household income
- $68,166State: $72,875
- Median home value
- $236,200State: $231,600
- Median rent
- $1,340/moState: $1,129
- Homeowners
- 53.4%
- Bachelor's degree or higher
- 40.7%
- Average commute
- 24 min
Is Southfield a good place to live?
Pros: An average commute of 24 minutes; a poverty rate of 10.3%.
Cons: Median household income 6% lower than the Michigan median; home values about the same as the state median; unemployment of 6.9%.
The weather is best in June to September.
Cost of living in Southfield
Housing is the biggest part of the cost of living. In Southfield the median home value is $236,200, 29% lower than the U.S. median. Renters pay a median of $1,340 per month, which is 32.7% of household income. Homeowners with a mortgage pay $1,779 a month in housing costs.
Southfield median household income
The median household income in Southfield is $68,166 and the income per person is $41,500. 10.3% of residents live below the poverty line (Michigan: 13.2%).
Housing in Southfield: homes for sale and rent
- Housing units
- 38,305
- Owner-occupied
- 53.4%
- Renter-occupied
- 46.6%
- Vacant
- 9%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.14
Southfield demographics
- Population
- 76,236
- Median age
- 42.3
- Under 18
- 18.4%
- 65 and older
- 22.6%
- Households
- 34,860
- Foreign-born
- 7.1%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Southfield ›
Education in Southfield
40.7% of adults 25 and older in Southfield have a bachelor's degree or higher (Michigan: 32.4%), and 18.9% have a graduate or professional degree.
Jobs and commute in Southfield
- Unemployment rate
- 6.9%State: 5.7%
- Average commute
- 24 minState: 24 min
- Work from home
- 17%
- Drive alone
- 71%
- Public transit
- 1.8%
- Walk to work
- 1.9%
- Homes with broadband
- 91.9%
Southfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Southfield | 76,236 | $68,166 | $236,200 | $1,340 |
| Lathrup Village | 4,059 | $109,893 | $310,600 | $1,483 |
| Bingham Farms | 1,680 | $244,618 | $580,500 | $3,501 |
| Beverly Hills | 10,524 | $177,412 | $511,000 | $2,077 |
| Franklin | 2,554 | $194,079 | $774,900 | — |
| Oak Park | 29,318 | $71,510 | $212,300 | $1,396 |
| Berkley | 15,149 | $116,239 | $316,700 | $1,526 |
| Huntington Woods | 6,328 | $190,150 | $473,900 | $2,493 |
| Birmingham | 21,763 | $153,510 | $698,300 | $1,902 |
More for people moving to Southfield
Southfield ZIP code ›Weather and climate ›Living in Southfield: FAQ
What is the median household income in Southfield, MI?
The median household income in Southfield is $68,166, 6% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Southfield?
The median home value in Southfield is $236,200, compared with $231,600 in Michigan.
How much is rent in Southfield?
The median gross rent in Southfield is $1,340 per month, about 32.7% of household income.
Is Southfield, MI a good place to live?
Pluses: an average commute of 24 minutes; a poverty rate of 10.3%. Minuses: median household income 6% lower than the Michigan median; home values about the same as the state median; unemployment of 6.9%.
What is the median age in Southfield?
The median age in Southfield is 42.3 years (Michigan: 40.2).
How long is the commute in Southfield?
The average commute to work in Southfield is 24 minutes; 17% of workers work from home.
What is the unemployment rate in Southfield?
The unemployment rate in Southfield is 6.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Southfield?
40.7% of adults in Southfield have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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